Tag: Clothing Stores
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Superdry withdraws full-year 2023 profit guidance, considers equity capital raise
[ad_1] Superdry PLC on Friday withdrew its profit guidance for fiscal 2023, citing the challenging environment and after experiencing slower-than-expected retail sales, and said it is considering an equity issue to strengthen its balance sheet. The British clothing brand SDRY, -15.82% said it is considering an equity issue for up to 20% of its share…
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Uniqlo owner’s stock jumps after strong quarterly results, guidance upgrade
[ad_1] Fast Retailing Co. shares JP:9983 rose sharply Friday morning after the owner of Uniqlo apparel stores posted strong quarterly earnings thanks to global sales growth and raised its annual profit guidance. The company’s shares were recently 8.8% higher at 32,940 yen after rising as much as 9.7% earlier. Fast Retailing said Thursday after market……